The next big thing in wine might be nonalcoholic
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Cognixion opens new doors in assistive technology
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Backed by local venture firm, tech company opens new Santa Barbara headquarters
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Regional unemployment rate hits new pandemic-era low
The tri-county region’s combined unemployment rate dropped to 4.7% in October, down from 5% in September and a new pandemic-era low, according to new data released by the California Employment Development Department on Nov. 19. The statewide unemployment rate in mid-October was 7.3%, down from 7.5% the month in September, as California added 96,800 non-farm Read More →
Sonos reports loss for quarter but record annual revenue
Santa Barbara home audio company Sonos beat analysts’ expectations with its fourth-quarter earnings and also delivered record revenues for its 2021 fiscal year, but supply chain issues could spoil the first half of 2022, the company said. Sonos reported a net loss of $8.7 million in the quarter ended Sept. 30, according to results released Read More →
WEV wins $50K Bank of America grant for equity programs
Women’s Economic Ventures received $50,000 in grant funding from Bank of America’s philanthropic program to help underrepresented entrepreneurs on the Central Coast. The grant, announced by the Santa Barbara-based nonprofit on Nov. 17, will be used to advance a micro-grant and entrepreneurial training pilot program it launched recently in partnership with an Oxnard-based nonprofit supporting Read More →
Gallegly sues CLU over public service center
UPDATE, 2:48 p.m., 11/16/2021: This article was revised to include comments from a California Lutheran spokesperson. Former U.S. Rep. Elton Gallegly has filed a lawsuit against California Lutheran University in Thousand Oaks alleging problems with the funding and establishment of an on-campus public service center named after him. The complaint, filed Nov. 15 in Ventura Read More →
